Hello everyone,
Still learning
Stay simple and look at the big pictures is what is being adviced. So...
Looking back a a higher time frame, BTC has a long period of accumulation but we can see that the selling volume, as well as the HA candles, come to an exhaustion.
I would also like to point to this idea showing that there would be way less selling pressure:
Also, the weekly MACD did a small rebound and looks like it wants to cross:
.
It looks like this was the bottom and that BTC price will consolidate and/or go up
Any feed back is appreciated
Still learning
Stay simple and look at the big pictures is what is being adviced. So...
Looking back a a higher time frame, BTC has a long period of accumulation but we can see that the selling volume, as well as the HA candles, come to an exhaustion.
I would also like to point to this idea showing that there would be way less selling pressure:
Also, the weekly MACD did a small rebound and looks like it wants to cross:
It looks like this was the bottom and that BTC price will consolidate and/or go up
Any feed back is appreciated
Trade active:
Selling volume is at its lowest since 2015